Florida First & Florida Advantage Help Qualify You For Down Payment Assistance Programs
List Your Marco Island Home Today!
Marco Island inventory of homes, lots and condos for sale was totaled at 838 as of a recent report. That’s down 16 percent from the same time last year. Marco Island home listings were down seven percent. Marco Island condo listings were fewer by 14 percent. Meanwhile, list prices for homes on Marco Island ranged […]
Time To Buy Before Interest Rates Go Up Again
Freddie Mac announced recently that rates on a 30-year fixed mortgage rose to 4.72 percent. Plus, rates are going to continue to rise. They’ve already risen over 3/4 of a percent higher than they were at the start of 2018. You might be hoping that prices on homes will drop and planning to make your […]
Florida Down Payment Assistance Programs For Home Buyers
Do you know the options for Florida down payment assistance programs that can help Florida home buyers? There are plenty of programs available to help you get into a new home thanks to Florida Housing. Florida Housing’s FTHB Program program can be accessed only through participating lenders in Florida. From the Florida Housing website, select First […]
What Will The FICO Score 9 Do To Your Credit Score?
Some lenders are already looking at applicants FICO Score 9 credit scores. There are some major differences between this new system for determining a credit score and the FICO 8. So, how will this affect you if you go to buy a home and the lender uses FICO Score 9? Well, to start, most lenders […]
If I Use An FHA Loan, Can I Rent My Home Out As An Investment Property?
Be careful renting out a home if you finance through a loan backed by the Federal Housing Administration. An FHA loan is meant to help people find homes to live in. It’s not supposed to help people purchase income properties. The agency prohibits homeowners from taking advantage of their program in order to build an […]
Are You Financially Prepared to Buy a New Home? Use This Checklist
You want to buy a new home but aren’t sure if you can afford it. Use this financial checklist as a guide before you attempt to take the plunge. Consider Your Budget Can you afford to buy a home? All of your necessary purchases, including mortgage, utilities, groceries, car payments, insurance premiums, and gasoline should […]
What is a VA Loan?
If you’ve received an honorable discharge from any branch of the U.S. Armed Forces, or if you’re currently serving in the military, you’re eligible to use a VA loan. In many cases, a VA loan helps the borrower get more favorable terms than he or she would get with a conventional loan — but […]